Despite that, Bank Negara Malaysia has reported that the Consumer Price Index (CPI) for May stands at 2.8 percent, lower than the 3.4 percent just two months earlier in March.
However, this does not seem to be reflected in the reality on the ground as prices of many goods still appear to be higher than what they used to be.
Malaysiakini takes a deep dive into the relationship between CPI and the high cost of living in this edition of Kiniguide...